diff --git a/include/libssh2.h b/include/libssh2.h
index f7c95cbc..98a31a43 100644
--- a/include/libssh2.h
+++ b/include/libssh2.h
@@ -100,7 +100,8 @@ extern "C" {
 /* Allow alternate API prefix from CFLAGS or calling app */
 #ifndef LIBSSH2_API
 # ifdef WIN32
-#  if defined(_WINDLL) || defined(libssh2_EXPORTS)
+#  if defined(LIBSSH2_EXPORTS) || \
+      defined(_WINDLL) || defined(libssh2_shared_EXPORTS)
 #   ifdef LIBSSH2_LIBRARY
 #    define LIBSSH2_API __declspec(dllexport)
 #   else
diff --git a/src/CMakeLists.txt b/src/CMakeLists.txt
index 77a1b60e..b98549d4 100644
--- a/src/CMakeLists.txt
+++ b/src/CMakeLists.txt
@@ -396,7 +396,6 @@ if(BUILD_SHARED_LIBS)
   add_library(libssh2_shared SHARED ${SOURCES})
   if(WIN32)
     set_property(TARGET libssh2_shared APPEND PROPERTY SOURCES ${PROJECT_SOURCE_DIR}/win32/libssh2.rc)
-    target_compile_definitions(libssh2_shared PRIVATE libssh2_EXPORTS)
   endif()
   target_compile_definitions(libssh2_shared PRIVATE ${PRIVATE_COMPILE_DEFINITIONS} ${libssh2_DEFINITIONS})
   target_link_libraries(libssh2_shared PRIVATE ${LIBRARIES})